iAnthus Capital issues US$500,000 promissory note to Citiva
iAnthus Capital Holdings Inc (CSE:IAN, OTCQB:ITHUF), which last week announced the acquisition of Citiva Medical, has advanced US$500,000 to the medical marijuana cultivation licences holder.
The money was advanced pursuant to a secured promissory note that has a on-year term and which yields interest at a rate of up to 20%.
The promissory note was financed in connection with the letter of intent to acquire Citiva.
READ iAnthus Capital set to expand into five US states with US$18mln Citiva deal
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/182743/ianthus-capital-issues-us500000-promissory-note-to-citiva-182743.html
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